Main navigation

To an optimum outcome

Following last week’s budget, Tony Wickenden reminds us of the importance of the adviser’s role.

While the proximity of the election meant that the Chancellor’s latest budget could have little in it that would take effect immediately, it offered plenty for advisers to talk to their clients about.

It also reminded us, together with the pensions changes announced last year and added to throughout the year, of how important the role of the financial planner working with their chosen platform and asset managers is.

Combining investment and tax know-how to deliver an ‘on platform’ service that is subject to constant review and re-calibration depending on changing circumstances is the essence of financial advice.

“The imminent changes to pension drawdown and the dramatic reduction in annuities purchased, mean that money will need managing for longer.”

The imminent changes to pension drawdown and the dramatic reduction in annuities purchased, mean that money will need managing for longer. Throughout that time, incorporating accumulation and de-cumulation tax-efficiency will be a critical factor in achieving an optimum outcome.

Adviser know-how together with wrap choice, functionality and tools can make this a reality.

If you have been provided with a password for access to Technical Connection's Techlink service, please register now for more adviser ‘know-how'.